The bill proposes an appropriation of $10,892,000 from the bond proceeds fund to the Public Facilities Authority for the city of Good Thunder. This funding is designated for the predesign, design, construction, and equipping of improvements to publicly owned municipal infrastructure, which includes a new water treatment facility, a new water supply well, and upgrades to water mains, sanitary sewer, and stormwater infrastructure. Additionally, the appropriation covers the demolition and removal of existing infrastructure and associated street reconstruction.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $10,892,000, following the procedures outlined in Minnesota Statutes and the state constitution. The effective date of this section is set for the day following its final enactment.